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Commentary: Could falling oil prices spark a financial crisis?

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trillion junk-bond market. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. In order to tap the bond market, these companies had to pay a hefty interest rate. The situation will compound itself if oil prices stay low.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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from a global perspective, the decision whether or not to build the proposed Project would be unlikely to substantially affect the rate of extraction and combustion of WCSB oil sands crude and its impact on the global market.” Market analysis. —Draft SEIS. —Draft SEIS.

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EPA finalizes Cross-State Air Pollution Rule (Transport Rule)

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The Cross-State Air Pollution Rule replaces and strengthens the requirements of the 2005 Clean Air Interstate Rule (CAIR), which the US Court of Appeals for the DC Circuit ordered EPA to revise in 2008. among power plants, utilizing an allowance market. Once EPA determined these obligations, including the. trading programs.

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Study finds 2008 recession contributed to increase in age of US LDV fleet, slowing of emission reductions

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The global economic recession of 2008—which severely depressed light-duty vehicle sales—resulted in an increase in the age of the light-duty vehicle fleet in the US that likely slowed the rate of decrease of fleet average emissions, according to a study by Gary Bishop and Donald Stedman at the University of Denver. Technol. ,

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Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

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per gallon, according to Wes Bolson, the company’s Chief Marketing Officer & VP, Government Affairs. It first gasifies the feedstock to syngas (CO and H 2 ), then uses proprietary microorganisms—licensed from Oklahoma State University and the University of Oklahoma—to convert simultaneously both CO and H 2 into ethanol.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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The document is posted on State’s Keystone project site , which it has run since the beginning of the Keystone XL Presidential permit process in 2008. Market analysis: cross-border pipeline constraints have a limited impact on crude flows and prices. That portion of the pipeline has already been built.

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